Prime commercial opportunity with flexible B-3 zoning and paved lot improvements in a highly visible Lexington corridor. Excellent potential for owner/user occupancy, automotive services, contractor operations, equipment storage, parking, or redevelopment. Current MTM tenant paying $1,000 per month.
The intent of this zone is to provide for retail and commercial uses, which are necessary to the economic vitality of the community but may be inappropriate in the more neighborhood oriented zones. Development in this zone should front on an arterial or major collector roadway and should serve the needs of the broader Lexington community. Consideration should be given to the relationship of the uses in the zone to the surrounding land uses and to the adequacy of the street system to serve the traffic needs. Developments should avoid nuisance impacts of light, air, and sound that may be caused on adjacent neighborhoods. Where necessary, developments should include service roads to reduce the impact on highway movement, while also providing appropriate frontage to meet the needs of businesses. This zone should be established in accordance with the Goals, Objectives, Policies, and Development Criteria of the Comprehensive Plan.
Permitted uses
Include but are not limited to:
Gas station
General retail
Restaurant
Housing-Multiple units
Housing-Senior
Manufacturing
Hotel / motel
Office
Medical office
Research & development
Historical weather
Lexington, KY • 40505
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 177 E New Circle Rd
$342,663
$32K under list price of $375K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $185K to $375K.